Tag Archives: TFSA
RSPs, TFSAs, Paying Down Debt: What Should You Do?
By Sheila Walkington, Co-Founder and CFO of Money Coaches Canada Perhaps you’re trying to save for retirement? Set aside funds for a rainy day? Pay down debt, including that hefty mortgage? And of course, pursue other important goals that make life worth living! Whew! … Continue reading
How Do I Take Money From My RSP in Retirement?
By Tom Feigs, CFP®, CET What do you think when you hear the term RSP? If you are like many people, you probably think: contributions. Certainly the banking industry focus is on RSP sales, because that’s where they make their money. … Continue reading
CPP Expansion: A Rare Opportunity to Fine Tune Your Retirement Plan
By Sandra Mann, MBA Financial Services, CPA, CGA, FPSC Level 1™ I’m sure you’ve heard by now that the Canada Pension Plan (CPP) is set for expansion beginning in 2019, but you may be wondering how the changes will impact … Continue reading
Posted in For your information, Retirement savings
Do I have enough money to retire?
By Janet Gray, BA, BAdmin, CFP™, CHS, EPC, CPCA I am often asked, “Do I have enough to retire?” It’s an earnest question, asked by smart, educated people with good incomes, who want to be sure they are making good decisions about … Continue reading
Posted in Money Coaching, Retirement savings
Will you contribute to an RSP this year?
Many of us grew up with the tried and true advice from our parents that we should invest in RSPs, and like a lot of parental advice, it is often ignored. Less than one in three eligible Canadians take advantage … Continue reading
Posted in Retirement savings
